NEW YORK, NY / ACCESSWIRE / April 25, 2018 / The markets recent slide continued Tuesday as concerns of rising interest rates continued to plague investors. On Tuesday, the yield on the benchmark on the 10-year Treasury note surpassed the 3 percent mark for the first time in four years. The Dow Jones Industrial Average dropped 1.7 percent to close at 24,024.13, its fifth consecutive daily decline, while the S&P 500 Index fell 1.3 percent to close at 2,634.56. The Nasdaq Composite Index declined 1.7 percent to close at 7,007.35.
RDI Initiates Coverage on:
Eastman Kodak Company
https://rdinvesting.com/news/?ticker=KODK
Bitcoin Investment Trust
https://rdinvesting.com/news/?ticker=GBTC
Eastman Kodak's stock moved 1.03% higher Tuesday, to close the day at $4.90. The stock recorded a trading volume of 479,657 shares, which was below its three months average volume of 1,226,235 shares. In the last year, Eastman Kodak Company's shares have traded in a range of 2.95 - 13.28. The share price has gained 66.10% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $5.09 is below its 200-day moving average of $5.39. Shares of Eastman Kodak are trading at a Price to Earnings ratio of 2.78. Shares of Eastman Kodak have fallen roughly 2 percent in the past month and are up 58.06 percent year-to-date.
Access RDI's Eastman Kodak Company Research Report at:
https://rdinvesting.com/news/?ticker=KODK
On Tuesday, shares of Bitcoin Investment Trust recorded a trading volume of 5,614,493 shares, which was above the three months average volume of 4,510,250 shares. The stock ended the day 10.69% higher at 16.88. The share price has gained 1,105.71% from its 52 week low with a 52 week trading range of 1.40 - 38.71. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $13.34 is below its 200-day moving average of $15.33. Shares of Bitcoin Investment Trust have gained roughly 23.03 percent in the past month and are down 23.81 percent year-to-date.
Access RDI's Bitcoin Investment Trust Research Report at:
https://rdinvesting.com/news/?ticker=GBTC
Our Actionable Research on Eastman Kodak Company (NYSE:KODK) and Bitcoin Investment Trust (OTCQX:GBTC) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com